A checkbook IRA allows you to have checkbook control of your IRA retirement account.
If you're a seasoned real estate investor, you know just how fast expenses can add up on a piece of property. A few trips to your local Lowes home improvement store, a number of calls to your contractor or a simple mistake made by an inexperienced handyman means you have to shell out money, money, money - right out of your pocket.
Now imagine if in addition, you had to pay an additional fee to the custodian every time you needed to cover an expense related to your investment. On top of your financial losses, it can be an enormous expense of time and frustrating to say the least. Would you agree or disagree that this is no way to steward what is more than likely the most important asset you have - your IRA nest egg?
Checkbook control means being able to buy supplies when you need them, not only after you have caught up with your custodian for an approval and a signature. As you probably already aware, some of the best investment opportunities are made light years before others find out about them. Without checkbook writing privileges, great investment opportunities could be lost forever. This issue alone could cost you potentially thousand of dollars.
How does a Checkbook IRA Expand Your Investment Options?
Having checkbook control means you have the opportunity to self manage your IRA account to maximize your retirement investment without excess custodial intervention. You can invest in practically any way you want. The following is an abridged list of some of the items you can invest in with checkbook IRA: high yielding real estate notes, rental property, trust deeds, probate property, commercial real estate, foreign real estate, REO property, storage facilities, tax lien property.
Checkbook control gives you the ultimate control over your retirement funds. Call Truly Self Directed IRA (TSD-IRA) to learn more at 877-339-4559.